Frankfort, IN Real Estate

According to census data in the year 2000 there were 6,677 housing units in Frankfort. This represents a 8.6% growth from 6,146 in 1990.

Of those housing units, 6,667 were located in either urbanized areas or urban clusters, and 10 were located in what is classified as a rural area.

Homeownership rate in Frankfort is about 61.7%. Frankfort's vacancy rate, including seasonal lodging, is about 6%. Average household size is 2.56 people.

The majority of houses, apartments or condos in Frankfort were built after 1951.


Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom16.60%
Two Bedrooms37.10%
Three Bedrooms34.10%
Four Bedrooms9%
Five Bedrooms or more2.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.67
Median year structure was built1946
Median Value of occupied units$76,600
Median Price asked for vacant units$73,400

Rented Homes, Apartments and Condos

Average Household Size2.38
Median year structure was built1957
Median Monthly Rent asked for vacant units$425

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.80%
Home Equity Loan3.60%
Simple Mortgage54.20%
Debt Free34.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.8%